Big Data is data sets that are so voluminous and complex that traditional data processing application software are inadequate to deal with them.
Big Data is becoming increasingly easier and cheaper to obtain for several reasons:
The Internet
The Internet of Things
Storage Capacity
The world’s technological per-capita capacity to store information has roughly doubled every 40 months since the 1980s.
Big data analytics describes the process of uncovering trends, patterns, and correlations in large amounts of raw data to help make data-informed decisions.
Analysis of big data seeks to spot business trends, prevent diseases, combat crime, predict user behavior, and so on.
Machine learning (ML) is a type of algorithm that automatically improves itself based on experience
Reinforcement learning - The algorithm performs actions that will be rewarded the most. Often used by game-playing AI or navigational robots.
Unsupervised machine learning - The algorithm finds patterns in unlabeled data by clustering and identifying similarities. Popular uses include recommendation systems and targeted advertising.
Supervised machine learning - The algorithm analyzes labeled data and learns how to map input data to an output label. Often used for classification and prediction.